Description

Luxury Time Limited announces allocation of 6,17,600 equity shares to anchor investors at Rs. 82 per share prior to public issue.

Summary

Luxury Time Limited has completed the anchor investor allocation for its upcoming public issue of equity shares. The Board of Directors, in consultation with Book Running Lead Managers, allocated 6,17,600 equity shares of face value Rs. 10 each at an anchor investor allocation price of Rs. 82 per equity share (including share premium of Rs. 72 per share) on December 03, 2025.

Key Points

  • Total equity shares allocated to anchor investors: 6,17,600 shares
  • Anchor investor allocation price: Rs. 82 per equity share
  • Face value: Rs. 10 per share
  • Share premium: Rs. 72 per share
  • Three anchor investors participated in the allocation
  • No mutual fund schemes participated in the anchor portion
  • LRSD Securities Pvt Ltd received the largest allocation at 60.10% of anchor portion

Anchor Investor Details

Allocation Breakdown:

  1. Viney Growth Fund - 1,23,200 shares (19.95% of anchor portion)
  2. Rajasthan Global Securities Private Limited - 1,23,200 shares (19.95% of anchor portion)
  3. LRSD Securities Pvt Ltd - 3,71,200 shares (60.10% of anchor portion)

All investors bid at Rs. 82 per equity share.

Compliance Requirements

  • As per SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018, if the final offer price discovered through book building is higher than the anchor investor allocation price of Rs. 82, anchor investors will be required to pay the difference
  • Payment of differential amount must be made by the pay-in date specified in the revised CAN (Confirmation of Allocation Note)

Important Dates

  • Board Meeting Date: December 03, 2025
  • Anchor Allocation Date: December 03, 2025

Impact Assessment

Market Impact: The anchor investor allocation represents the pre-IPO institutional interest in Luxury Time Limited. The allocation of approximately Rs. 5.06 crore (6,17,600 shares × Rs. 82) to anchor investors indicates institutional confidence ahead of the public issue. The absence of mutual fund participation in the anchor portion is notable and may reflect fund-specific investment strategies or valuation considerations. The final pricing and overall subscription levels in the public portion will determine the success of the IPO.

Impact Justification

Standard anchor investor allocation announcement for upcoming IPO with moderate issue size of 6.17 lakh shares at Rs. 82 per share